After several reiterations in the last week of trading, on January 18, 2017 Credit Suisse’s Christian Buss has downgraded J.C. Penney (JCP) from Neutral to Underperform. The downgrade comes alongside the analyst also downgrading another struggling retailer in Kohl’s (KSS). While maintaining no price target for shares of JCP, the analyst does lower his price target on shares of KSS and moves…
Tags: JCPJ.C. Penney Downgraded: Nike Partnership Not A Savior For The Retailer
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